What Should I do During Market Volatility?

Low oil prices and the COVID-19 Virus
have caused investors a lot of stress over the last few weeks. Periods of market volatility are not new to
long term investors. These ups and downs can wreak havoc on our portfolios and
emotions. However, history has shown that in times of turmoil, sticking to a
disciplined strategy can pay off.

Here are 3 strategies for dealing with
volatile markets:

Avoid letting your emotions guide your investing – Often, the best
and worst time to invest are the very opposite of what our emotions tell us we
should be doing.

Stay invested – Trying to time the ups and downs of the market can
leave money sitting on the sidelines when it should be invested. Missing out on
a couple large increases can have a large long term impact to your portfolio.

Invest with advice – Financial advisors help people increase their
wealth. The longer people have advice, the more their investments grow.

Handling market volatility is very
difficult to do on your own if you do not remember the strategies above. Every
investor’s scenario is different and how market volatility impacts each
investor is also different.

If you have questions regarding how
market volatility is impacting your portfolio, please contact our office at
780-842-1370.

Mutual funds and financial planning services are offered through
Credential Asset Management Inc. The information contained in this article was
obtained from sources believed to be reliable; however, we cannot guarantee
that it is accurate or complete. This article is provided as a general source
of information and should not be considered personal investment advice or a
solicitation to buy or sell any mutual funds.